The Taipei-based company that arranges excursions and activities, KKday, revealed on Thursday that it had raised USD95M in investments.
The money will be used by KKDay to expand its presence in Asia, increase manpower, and invest in technology. By 2023, the business wants to increase the clientele served by its booking and inventory management platform by more than 40 per cent for its core countries, Taiwan, Japan, Hong Kong, Korea, and Southeast Asia.
As several nations in the region have recently loosened travel restrictions, including Japan, Thailand, and Indonesia, KKday believes it is well-positioned for development. The business, which operates 12 locations across Asia, claimed that this year’s reservations in South Korea, Japan, and Hong Kong have already surpassed pre-COVID levels.
“We plan to double down on our current initiatives including partnering with our merchants and (online travel agencies) to digitize their businesses in anticipation of pent-up demand for tourism and travel,” said CEO and Founder Ming Chen.
